A Trillion Dollars' Worth

Apple is set to become the first trillion-dollar company in the coming days. An extraordinary story.
Like him or loathe him, Steve Jobs was a character of a century.
Though he did some not so nice things I did find him a source of inspiration in his unswerving pursuit of excellence.
A trillion will make it the largest trillion-dollar country in the world.
Let’s look at the chart:

Of course, there were times over the last couple of decades when an indicator could have told us where to next.

With the sustained growth we see above there is little surprise that maybe another retreat is due. When you look at the above wave four it sort of fits with the major pullbacks in 2013 and 2016.
The next timing is predicated for 2020-2022. Looks probable but we know nothing is certain.

I know from my many years of highly active share trading that stocks tend to splutter when a major milestone is reached. And a trillion market cap is as good as any.
I expect the stock can continue higher in the coming weeks and months and when it does come off then it will be relatively well supported.
I say relatively as their business is a fickle fashionable one.
Precision fine tuning is paramount.
As we saw with Samsung hiccups can be expensive.

Meanwhile markets continue their merry way higher. Almost feels like Christmas